AskDrBurt

AskDrBurt

$NXE is against major resistance line. Once we break it fireworks. MACD crossed, both Stoch and RSI in an uptrend. Nice advance today. #uraniumsqueeze #uranium

AskDrBurt

Price action moving back into parallel channel. MACD crossed, both Stoch and RSI in an uptrend. This week should be fun

AskDrBurt

This is a weekly chart. Possible cup and handle formation. Certainly bullish falling flag formation is taking place. On Stoch it is oversold

AskDrBurt

Looks like Platinum outperforms both gold and silver at this point and time. I am long all 3 metals

AskDrBurt

Out of 4 SILJ is looking the strongest. Got silver?

AskDrBurt

GLO is ready to glow. Breakout attempt today. Price closed on a top parallel channel rail. Perhaps Friday or next week price will clear above. 20 and 50DMA crossed over in an uptrend direction

AskDrBurt

Nice and clean uptrend parallel channel with price action bouncing off 50DMA. Looks like $ 4.42 next 52wks high before this stock takes a breather again. It might easily overshoot with recent uranium positive news. Looks like an entire uranium sector is ready to advance in May. UEC is looking great from technical and fundamental point of view.

AskDrBurt

Nice action today in an entire uranium sector. Spot price has not moved today at all. I think May will be a good month for uranium investors. URG is looking good, both Stoch and RSi in an uptrend direction. We need to move above 50 DMA and breakout resistance line.

AskDrBurt

Price might drop to a major support line which is around $3.21-3.65 RANGE. If we drop to that level then golden cross is very possible and to the moon. I have sold my position at $8.77. Waiting for a new entry point

AskDrBurt

Both US 10 year and 30 year charts looks identical and in a downward spiral - great for PM sector

AskDrBurt

Gold is looking good. We are still below 200DMA but 20 and 50DMA acre crossing over. The only thing that stops Gold from advancing is DXY temporarily bouncing from its support. I have just posted a a chart on DXY. We need to break $1800-1811 range for a farther advance in Gold price

AskDrBurt

We are below 50 and 200 DMA - USD is ropping. A temporary bounce back is very possible due to Stoch indicator oversold signal.

AskDrBurt

Bullish variant of descending flag is at work. Breakout of this flag will lead to farther advance. If 20DMA bounces of 50DMA we are good to go.

AskDrBurt

Symmetrical triangle in a bullish variant is also confirmed by 20 and 50 DMA cross over in an upward momentum. If my count is correct then Elliot wave 5 confirms a final move up. Stochastic and RSI in an upward momentum as well.

AskDrBurt

There is so much hype about this stock that it is hard to ignore it. For a record I do not hold this stock. Here is my view. It is certainly in a consolidation mode just like many other stocks. Downward major and minor channels cross lines are very close to a break out point. This breakout momentum is supported by an evidence of upward RSI and Stoch. indicators....

AskDrBurt

Possible 5th Elliot wave for an upside potential. Also see megaphone pattern which means that downtrend is possible which is supported by MACD and Stochastic indicators. RSI still in an upward momentum

AskDrBurt

Amazing volume today. If this trend continue we will have a breakout next week. Bullish falling wedge with all of the indicators point an upward momenum

AskDrBurt

Breakout confirmed. High of the day $5.13